718 16th Ave WAshlandWI54806
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Ashland at 718 16th Ave W, Ashland, WI, 54806 offers a 11.25% rental yield on a $239,000 purchase with $2,240/mo rent. Total monthly income registers $2,240/mo, and a $1,170/mo payment leaves $636/mo available for distribution. Annual cash flow reaches $7,630/yr on $79,229 to close, and return on cash invested stands at 29.54% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 155.17% and total cumulative return in cash at $122,940. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,240/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54806, Ashland, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,714 (100%) |
| Owner Occupied HU | 3,451 (60.4%) |
| Renter Occupied HU | 1,696 (29.7%) |
| Vacant Housing Units | 567 ( 9.9%) |
| Median Home Value | $214,817 |
| Average Home Value | $254,406 |
Housing Distribution
Address Breakdown
Residential
4,925
Single Family
4,455
Multi-Family
470
Businesses
550
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Nearby investment properties with comparable prices
Listed by: Kevin Porter • Porter Realty LLC
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6120321
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.